WASHINGTON, Jan 7 (Reuters) – The U.S. has begun marketing Venezuelan oil and all proceeds from its sale will initially settle in U.S.-controlled accounts at globally recognized banks, the Department of Energy said in a statement released on Wednesday.
“We have engaged the world’s leading commodity marketers and key banks to execute and provide financial support for these crude oil and crude products sales,” the department said.
(Reporting by Megan Davies; Writing by Katharine Jackson; editing by Costas Pitas)
